Bitcoin's price action is expected to continue a pattern of explosive moves, followed by consolidation in the mid-to-late part of the month, and then waiting for the next month's labor market data before determining its next significant move.
"we've talked a lot about how what normally Bitcoin does and I mentioned this a week or two ago it gets an explosive move this sort of finalizes by about the mid to Mid late part of the month and then Bitcoin then waits for the labor market data to come in the following month before deciding its next move so you're probably just seeing something like that here happening once again"
